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Title 5345 Pilgrim Trail West - 4.25 Acres with 2 Ponds and a 4BR/3BA Home - Estate Auction of Dr. Terry Wallace - Lush, Beautiful Landscaping - Gorgeous Updates Inside and Out - Register and Bid Today!
Date & Time Tuesday, May 21 7PM
Location 5345 PILGRIM TRL W, MOLINO FL 32577
Highlights Rural Homestead in Pilgrim Hills, Molino FL. Estate of Dr. Terry Wallace - 4 Bedroom 3 Bath Brick Home on 4.25 Stunningly Beautiful Acres with Two Ponds. Don't Miss This Opportunity to Buy a Spectacular Country Estate - At Your Price! Low Minimum Bid of Only $275,000.



Notes ONLINE ONLY AUCTION CLOSES: Tuesday, May 21 starting at 7PM

OPEN HOUSE: Saturday, May 18, 10AM-6PM (Staff will be on site for removal of the contents auction. It will be busy, but please feel free to stop by for a tour!)

Private Country Homestead Being Sold at Auction to Settle the Estate of Dr. Terry Wallace, Who Created this Beautiful, Serene and Private Retreat. 4.25 Landscaped Acres with 2 Ponds. Dr. Wallace Employed a Landscape Architect to Plan, Design and Create the Grounds. Cleverly Designed Walking Paths throughout the Property. Mature Oaks, Pines, Azalea, Camellia, Dogwoods and Flowering Shrubs Abound. The Larger Pond has a Dock for Relaxing and Soaking in the Pristine Environment. Pilgrim Hills is a Beloved Large Home Site Neighborhood. Horses Allowed. Single Family Residences Only. Private Road. The Home is 3687 Square Feet Under Roof with 4 Bedrooms and 3 Full Bathrooms. 2508 Square Feet Heated and Cooled, a 769 Rear Screened Porch with a Hot Tub and a 440 SF Attached Garage. The Home’s Interior Has Undergone Almost Total Renovation. Furniture Grade Woodworking Was Added for Ceilings, Door Casing and Window Casings. Upgrades Include Slate Flooring, Solid Wood 4x4 and 4x6 Beamed Vaulted Ceilings in the Great Room and Master, Plus Wall Finishes and Lighting. The Focal Point of the Great Room is a Custom Deer Mule Chandelier & Fireplace with a Brick Hearth & Mantel. 2 of the 3 Bathrooms Are Updated with Luxurious High-End Design Features. The Kitchen Will Need Finishing, Including some Cabinetry, Counters and Appliances, Except the New SS Refrigerator. Matching Slate Flooring is Being Sold with the House to Complete the three Bedrooms that Are Carpeted. 768 Square Foot Detached 2-Bay Garage and Workshop with Power, Window A.C. and Windows. Side Entry Garage with Utility Sink, Upper & Lower Storage Cabinets, Garage Opener, Pull-Down Stairs, Windows and Newly Installed Recessed Fluorescents. This is a MUST-SEE Homestead.

Terms 10% down auction day. Balance at closing within 30 days. Cash sale with no contingency for financing. 10% buyers premium will be added to the final bid to establish the contract sales price. Buyer pays all closing costs, except real estate taxes, which are prorated as of the date of closing. The transaction will be closed at the law office of Edsel F. Matthews, Jr., PA, 212 W. Intendencia St., Pensacola FL 32502 (850) 432-1300.

Bid Deposit: All bidding will be conducted online at Buyer agrees to abide by the online bidding procedures published at In order to bid online, Buyer will make a deposit in the amount of $1,000.00, to be held in escrow. In the event the online bid is not the declared high bid, the $1,000.00 deposit will be returned to Buyer within five business days of the auction. In the event the online Buyer is declared the winning bidder, the $1,000.00 deposit will be applied to the down payment, with the remaining balance up to 10% of the purchase price due on or before the close of the first business day following the close of the auction. Boyleston Realty & Auction LLC reserves the right to waive deposit requirements for known bidders. Contact Gina Boyleston 850-393-1154 or

Conditions: The property is being sold in its present, as is condition. Seller makes no warranties, express or implied, as to the condition of the property. Buyer is to rely solely on their own judgment when purchasing the property. Boyleston Auctions, Boyleston Realty and Boyleston Realty & Auction LLC are selling agents only and assume no liability for errors or omissions in this listing or any marketing or advertising attached to this auction. Click on the Property Information Packet above to view the Terms and Conditions.

Directions In Pensacola, Florida, from I-10, take exit 10B, Highway 29 North for 26.6 miles to left on FL-97N (Atmore Cutoff). Proceed for 6.2 miles to left on Pilgrim Trail. Follow Pilgrim Trail to Pilgrim Trail West on the right. Continue to just after the pavement ends. Watch for the auction signs.
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